Blockchain Technology and Cryptocurrencies
The workshop starts by introducing the foundations of blockchain technology, its implementation, and evolution. It considers how these techniques have been applied to various virtual currencies, their uses and challenges, and then progresses to consider emerging applications and technologies in the real economy (such as inventory management or asset ownership) and legal and governmental space (such as smart contracts). The workshop concludes by discussing and synthesizing these different ideas within the context of legal, regulatory and societal resistance to identify actionable opportunities.
Blockchain technology is commonly associated with Bitcoin and other virtual currencies. However, an understanding of the foundations of these developments shows that the repercussions of blockchain technology can reach into the real economy and used to transform supply chains and contracts: from financial assets to physical inventory to non-centralized yet binding contracts.
In early 2016, Luxembourg School of Business was one of the first business schools in the world to have developed a program around the topic of blockchain technology (the Blockchain Bootcamp).
A lot of hype has been developed around the topic, driven mainly by a proliferation of ICO (Initial Coin Offerings) and the extraordinary and bubble-like valuation of Bitcoin (priced at 14,000$ as of December 2017).
The purpose of this program is to look beyond the hype, and separately analyze the merits of blockchain technology from the merits of cryptocurrencies. This program will help you make your own opinion on these topics, identify threats and opportunities, and understand whether or not cryptocurrencies are here to stay.
Who should attend?
Business owners, entrepreneurs, corporate executives, government officials, regulators, financial services professionals, investment managers and partners and senior associates at law firms.
Upon completion of this program, participants will be able to:
- Understand the foundation and opportunities of blockchain technology
- Consider and discuss real-world application to finance, business and services
- Interpret the legal, regulatory and consumer challenges to wider blockchain adoption
- Reflect on the future opportunities and efficiencies offered by blockchain technology
Jonathon Read is an experienced financial services professional, who has run trading, structuring and product marketing businesses at major financial institutions in London and New York. He started his career at Goldman Sachs, and has worked at other investment banks including Deutsche Bank and Merrill Lynch. His experience spans credit, rates, and foreign exchange, and includes both developed markets and the emerging markets of Latin America, the Caribbean, Eastern Europe, Africa and Asia.
Jonathon has a variety of business interests, including the provision of boutique consulting and advisory services to a variety of global clients. He has held elected local office as a councillor in the Royal Borough of Kensington and Chelsea, where he was Lead Member for Finance, Lead Member for Family & Children’s Services, chaired the Investment Committee that oversees the borough’s pension assets (approximately $1 Billion AUM), and chaired the Western Riverside Waste Authority, responsible for waste and recycling through much of West London.
Jonathon teaches on the MiF program at London Business School, and has taught as a Fellow at Cambridge Judge Business School, teaching courses at the MBA, MFin and MPhil levels. In addition, Jonathon is an Adjunct Professor at Columbia Business School in New York, where he has taught on the MBA and EMBA courses and supervised several research projects.
Jonathon holds a Ph.D. from the University of Cambridge. He is a Chartered Financial Analyst® charterholder, holds the CERTIFIED FINANCIAL PLANNER™ certification, and is a Chartered Financial Planner, Associate of the Chartered Insurance Institute and a Fellow of the Personal Finance Society.]